In December, word spread that Walgreens Boots Alliance Inc. (Nasdaq: WBA) was reportedly considering selling itself to the PE firm Sycamore Partners. A month later, experts believe that the heat on these talks have died down. Though WBA struggled throughout 2024, a sale to Sycamore is now unlikely, executives indicated. “Walgreens’ Q1 2025 earnings report […]
Category: Home-based primary care
CareMax could lay off 530 employees – including executives – next year, according to reports. Ultimately, the layoffs are dependent on the completion of the sale of CareMax’s management services organization and its clinical centers business. The news comes just a month after the Miami-based primary care provider filed Chapter 11 bankruptcy protections. As a […]
Home care medicine has expanded significantly since the COVID-19 pandemic, with increasing demand from patients and improved payment models – in some cases. This shift has increased the need for a larger home-based care workforce, one filled with individuals that understand the ins and outs of treating people in their homes. The number of hospital-at-home […]
Formerly U.S. Medical Management, the home-based care company HarmonyCare raised $200 million in June. On Wednesday, it touted its success in the Accountable Care Organization (ACO) “REACH” Model, the successor to the The Global and Professional Direct Contracting Models (GPDC). Put forth by the Centers for Medicare & Medicaid Services (CMS), ACO REACH gives private […]
In 2023, an estimated 6.7 million people in the U.S. were living with Alzheimer’s disease. That number is projected to increase to 14 million by 2060, according to the Centers for Disease Control and Prevention (CDC). “Very few people don’t know someone who has been affected by this,” AlzBetter CEO Gary Skole told Home Health […]
WellBe Senior Medical announced that Excellus BlueCross BlueShield (Excellus BCBS) and Intermountain Ventures have both made strategic investments in the company. This follows an investment made by CVS Health Ventures in January of this year. “The significance of these investments from two impressive entities further validates WellBe’s commitment to be a payor-agnostic, in-home, full-risk medical […]
Seniors who have difficulty leaving their homes or accessing traditional medical facilities have a new option for health care: mobile, medical home care visits from Horizon Care Services. The company, headquartered in North Palm Beach, Florida, will offer primary care, podiatry, wound care, mental health and pain management services directly to patients’ homes. Horizon Care […]
New Day Healthcare has made Jeff Bonham its senior leadership executive and operations project specialist. He will head up the company’s strategic initiatives around Medicare Advantage (MA), and a virtual home health model to support MA business. “Bringing Jeff on board is a huge lift for New Day as we continue to ‘Burn the Ships’ […]
The in-home care company HarmonyCares – formerly known as U.S. Medical Management – has raised $200 million. The funding round was led by General Catalyst, McKesson Ventures and a “large national payer.” K2 HealthVentures and other existing investors – such as Rubicon Founders, Valtruis, HLM Capital and Oak HC/FT – also participated in the round. […]
Primary care will be an additional area of home-based care focus for BrightSpring Health Services (Nasdaq: BTSG) over the next few years. BrightSpring President and CEO Jon Rousseau discussed it as part of the company’s broader strategy at the Goldman Sachs 45th Annual Global Healthcare Conference Monday. “Our playbook — which has been successful really […]
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